Elysium Wealth Management provides financial planning, portfolio management for individuals and small businesses, selecting other managers, publishing newsletters, and educational seminars. Financial planning was provided to 1–10 clients last fiscal year.
Elysium Wealth Management reports 773 clients. They include 622 individual clients, 143 high-net-worth individuals, and 7 pension and profit-sharing plans. Of its assets, 100.0% ($352M across 1,482 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 80% | 28% |
| High-net-worth individuals | 18% | 72% |
| Pension and profit-sharing plans | <1% | <1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 622 | $97.8M | 27.8% | $157K |
| High-net-worth individuals | 143 | $252M | 71.5% | $1.76M |
| Pension and profit-sharing plans | 7 | $2.29M | 0.7% | $327K |
| Corporations and other businesses | Fewer than 5 | $293K | 0.1% | $293K |
| Total | 773 | $352M | 100% | — |
- Clients
- 622
- Regulatory AUM
- $97.8M
- AUM share
- 27.8%
- Avg. per client
- $157K
- Clients
- 143
- Regulatory AUM
- $252M
- AUM share
- 71.5%
- Avg. per client
- $1.76M
- Clients
- 7
- Regulatory AUM
- $2.29M
- AUM share
- 0.7%
- Avg. per client
- $327K
- Clients
- Fewer than 5
- Regulatory AUM
- $293K
- AUM share
- 0.1%
- Avg. per client
- $293K
Total
- Clients
- 773
- Regulatory AUM
- $352M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Elysium Wealth Management charges 0.90%–1.50% a year for its Portfolio Management. The whole portfolio is charged at the rate of its band. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.50% |
| $500K–$1M | 1.35% |
| $1M–$2M | 1.20% |
| $2M–$5M | 1.05% |
| $5M and above | 0.90% |
Fee details and sources
Other fees
- Financial Planning
- Hourly fee of up to $350 for financial planning, with an estimated plan fee given beforehand and due on delivery; waived if the client implements the plan with the firm.
- Wealth Consultation
- One-time flat fee set by project complexity, or a fixed flat rate monthly, quarterly or yearly, deducted from the custodian account or invoiced and due within 30 days.
Elysium Holdings, LLC owns 75% or more of Elysium Wealth Management and is in turn owned by Carson Pearson (25–50%). The leadership team of Elysium Wealth Management includes President John Bergquist. It has 22 employees, 10 of them in advisory roles.
Staff
- 22 employees
- 10 in advisory functions
- 15 state-registered reps
- 8 insurance agents
- Owns 75% or more of Elysium Wealth Management, LLC
Elysium Holdings, LLC
Control person · since January 2024
- Owns 25% to 50% of Elysium Holdings, LLC
Carson Pearson
Control person · since October 2020
Elysium Wealth Management’s regulatory assets grew 3.0× from $116M (July 2024) to $352M (September 2026); clients rose from 323 to 773 and employees from 8 to 22.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $352M | 773 | 22 | 7 |
| May 2025May 2025 | $159M | 418 | 13 | 6 |
| Jul 2024July 2024 | $116M | 323 | 8 | 2 |
Besides its headquarters, Elysium Wealth Management has 6 offices (2 private residences, listed without an address), with 5 listed addresses across 3 states.
Arizona · 3 listed addresses
- 3170 S Gilbert RD, Chandler
- 6760 N Oracle Road, Tucson
- 4854 E Baseline RD, Mesa
South Dakota · 1 listed address
- 10 Railroad Ave SW, Aberdeen
Utah · 1 listed address
- 1802 W. South Jordan Parkway, #130, South JordanHQ
Other business names
Elysium Wealth Management has reported 3 other business names to the SEC.
- Elysium Wealth Management
- Quant Portfolio Advisors
- Salt Wealth Partners
Contact and registration details
- Legal name
- Elysium Wealth Management, LLC
- Headquarters
- 1802 W. South Jordan Parkway, #130, South Jordan, UT 84095
- Website
- saltwealthpartners.com
- Phone
- 385-276-4716
- @elysium-wealth-management
- SEC file
- 801-129684
- Structure
- Utah LLC
- Fiscal year end
- December
Elysium Wealth Management’s named custodian for separately managed accounts is Charles Schwab ($346M). Elysium Wealth Management has custody of $107M for 291 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $346M100%
At year end, Elysium Wealth Management’s separately managed accounts were mostly in stocks (84%).
What the accounts hold
- Stocks84%
- Exchange-traded equities81%
- Non-exchange-traded equities3%
- Funds6%
- Registered funds5%
- Pooled vehicles1%
- Bonds4%
- U.S. government and agency bonds2%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash6%
How many clients does Elysium Wealth Management have?
Elysium Wealth Management has 773 clients and manages $352 million for them, as of September 2026. They include 622 individual clients, 143 high-net-worth individuals, and 7 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 2 September 2026
What services does Elysium Wealth Management offer?
Elysium Wealth Management provides financial planning, portfolio management for individuals and small businesses, selecting other managers, publishing newsletters, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Elysium Wealth Management charge?
Elysium Wealth Management charges 0.90%–1.50% a year for its Portfolio Management. The whole portfolio is charged at the rate of its band. The fee is billed in advance and is negotiable.
Which custodians does Elysium Wealth Management use?
Elysium Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $346M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 September 2026
How many financial advisors does Elysium Wealth Management have?
Elysium Wealth Management has 15 investment adviser representatives registered with state securities authorities, out of 22 employees, and 10 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 8 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Elysium Wealth Management invest in?
At the end of its last fiscal year, Elysium Wealth Management’s separately managed accounts held 81% exchange-traded equities, 6% cash and equivalents, 5% registered funds (mutual funds, ETFs, BDCs), 3% non-exchange-traded equities, 2% U.S. government and agency bonds, 1% state and local bonds, 1% investment grade corporate bonds and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Elysium Wealth Management?
Elysium Wealth Management is owned through a holding company by Carson Pearson. Its direct owner is Elysium Holdings, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 2 September 2026
How does Elysium Wealth Management get paid?
Elysium Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Elysium Wealth Management?
Elysium Wealth Management’s main office is at 1802 W. South Jordan Parkway, #130, South Jordan, UT 84095. Its phone number is 385-276-4716. Its website is saltwealthpartners.com.